(CRUDEOIL) Crude Oil complete technical analysis [charts+indicators] | Buy/Sell Crude Oil | (CRUDEOIL) share price targets
Complete technical analysis of Crude Oil (CRUDEOIL) by charts plus indicators, forecast predictions and share price targets for Crude Oil (CRUDEOIL)
Crude Oil trades in COMMODITY in ENERGY sector.
Showing technical analysis as on 2024-08-20 View latest technical analysis
10 day averaged volume of Crude Oil is 28322
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 6154.00 | 6171.00 | 6243.00 | 6094.00 | 0.896 times |
| 19 Mon Aug 2024 | 6241.00 | 6424.00 | 6450.00 | 6238.00 | 0.097 times |
| 16 Fri Aug 2024 | 6435.00 | 6536.00 | 6553.00 | 6350.00 | 0.366 times |
| 14 Wed Aug 2024 | 6487.00 | 6613.00 | 6640.00 | 6476.00 | 1.017 times |
| 13 Tue Aug 2024 | 6596.00 | 6664.00 | 6736.00 | 6573.00 | 1.487 times |
| 12 Mon Aug 2024 | 6662.00 | 6471.00 | 6680.00 | 6461.00 | 1.245 times |
| 09 Fri Aug 2024 | 6444.00 | 6420.00 | 6473.00 | 6376.00 | 0.753 times |
| 08 Thu Aug 2024 | 6422.00 | 6334.00 | 6434.00 | 6272.00 | 1.067 times |
| 07 Wed Aug 2024 | 6327.00 | 6166.00 | 6373.00 | 6143.00 | 1.138 times |
| 06 Tue Aug 2024 | 6186.00 | 6174.00 | 6238.00 | 6078.00 | 1.266 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6240.9, but if it comes above 6240.9, then a intra day buy could be more profitable.
If you take a sell trade below 6240.9, then use 6240.9 as stoploss and 6057.4 as target. However if you take a buy trade in stock , then use 6240.9 as stoploss and 6393.9 as target.
Share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Target | 6025.00 |
| Upside Target | 6258.00 |
| Upside Target | 6609.00 |
| Upside Target | 6633.00 |
| Upside Target | 6736.00 |
| Upside Target | 6744.00 |
| Upside Target | 6818.00 |
| Upside Target | 6899.00 |
| Upside Target | 7052.00 |
| Upside Target | 7322.00 |
Intraday share price targets for Crude Oil (CRUDEOIL)
| Target Type | Value |
| Downside Intraday Target | 6015.33 |
| Downside Intraday Target | 5876.67 |
| Upside Intraday Target | 6371.33 |
| Upside Intraday Target | 6588.67 |
| Upside Intraday Target | 6232.67 |
Weekly technical analysis of Crude Oil (CRUDEOIL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 6154.00 | 6424.00 | 6450.00 | 6094.00 | 0.241 times |
| 16 Fri Aug 2024 | 6435.00 | 6471.00 | 6736.00 | 6350.00 | 0.711 times |
| 09 Fri Aug 2024 | 6444.00 | 6177.00 | 6473.00 | 6025.00 | 1.246 times |
| 02 Fri Aug 2024 | 6146.00 | 6479.00 | 6609.00 | 6129.00 | 1.511 times |
| 26 Fri Jul 2024 | 6478.00 | 6626.00 | 6633.00 | 6383.00 | 1.009 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Crude Oil (CRUDEOIL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 6154.00 | 6540.00 | 6736.00 | 6025.00 | 0.87 times |
| 31 Wed Jul 2024 | 6524.00 | 6835.00 | 7052.00 | 6258.00 | 1.474 times |
| 28 Fri Jun 2024 | 6805.00 | 6412.00 | 6899.00 | 6073.00 | 0.739 times |
| 31 Fri May 2024 | 6453.00 | 6771.00 | 6818.00 | 6388.00 | 0.958 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Crude Oil (CRUDEOIL)
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
Crude Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Crude Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6419.92 and Crude Oil (CRUDEOIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Crude Oil (CRUDEOIL) stock. Volume based technical analysis of Crude Oil (CRUDEOIL) stock is negative.
Crude Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Crude Oil ( (CRUDEOIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Crude Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Crude Oil in short term and the sell signal is strong.
Crude Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Crude Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Crude Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6419.92 and Crude Oil (CRUDEOIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Crude Oil (CRUDEOIL) stock. Volume based technical analysis of Crude Oil (CRUDEOIL) stock is negative.
Crude Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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